The current account deficit, seasonally adjusted, fell $1,368m to $10,688m in the September quarter 2018. The balance on goods and services surplus rose $2,704m to $6,607m. The primary income deficit rose $1,162m to $16,911m.

In seasonally adjusted chain volume terms, the surplus on goods and services rose $1,603m from $1,250m in the June quarter 2018 to $2,853m in the September quarter 2018. This is expected to contribute 0.4 percentage points to growth in the September quarter 2018 volume measure of GDP.

INTERNATIONAL INVESTMENT POSITION (IIP)

Australia's net IIP liability position was $940.2b at 30 September 2018, a decrease of $17.3b on the revised 30 June 2018 position of $957.5b. Australia's net foreign equity asset position increased $29.9b to $103.9b at 30 September 2018. Australia's net foreign debt liability position increased $12.6b to $1,044.0b.

NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER)

Release Date

December 2018

5 March 2019

March 2019

4 June 2019

June 2019

3 September 2019

September 2019

3 December 2019

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